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Lapeer Lube Express 260 S Main St 1,570 SF Retail Building Lapeer, MI 48446 $1,641,000 ($1,045.22/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- RARE, 20-YR LEASE (CORPORATE TAKEOVER)
- ABSOLUTE NNN LEASE STRUCTURE
- BUILT-IN RENT GROWTH
- DETROIT MSA LOCATION
- HIGH-VISIBILITY CORRIDOR SITE
- NATIONALLY RECOGNIZED CORPORATE TENANT
EXECUTIVE SUMMARY
Atlantic Capital Partners is pleased to present the opportunity to acquire a corporate-operated Valvoline Instant Oil Change located along South Main Street in Lapeer, Michigan. The site is positioned along a high-visibility corridor within the Detroit–Warren–Dearborn MSA, surrounded by strong retail demand and established consumer traffic.
Following Valvoline’s buyout of its franchisee operations, the company executed a new 20-year corporate lease, a rare extension signaling long-term confidence and proven site-level performance. Valvoline is also investing in building renovations and operational enhancements to further improve service efficiency and customer experience at this location. The 1,570 SF building, situated on 0.31 acres, operates under an absolute NNN lease providing investors with zero landlord obligations and stable, growing income.
Supported by Valvoline’s 150-year operating history and nearly 2,000 national locations, this investment represents a secure, long-term cash flow opportunity backed by a
best-in-class automotive operator.
Following Valvoline’s buyout of its franchisee operations, the company executed a new 20-year corporate lease, a rare extension signaling long-term confidence and proven site-level performance. Valvoline is also investing in building renovations and operational enhancements to further improve service efficiency and customer experience at this location. The 1,570 SF building, situated on 0.31 acres, operates under an absolute NNN lease providing investors with zero landlord obligations and stable, growing income.
Supported by Valvoline’s 150-year operating history and nearly 2,000 national locations, this investment represents a secure, long-term cash flow opportunity backed by a
best-in-class automotive operator.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
1,570 SF
Building Class
C
Year Built/Renovated
1986/2025
Price
$1,641,000
Price Per SF
$1,045.22
Cap Rate
5.75%
NOI
$94,358
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.31 AC
Zoning
B2 GEN
Parking
3 Spaces (1.91 Spaces per 1,000 SF Leased)
Frontage
102’ on Main St
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Lapeer Lube Express
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Lapeer Lube Express | Services | - | - | - |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | L21-56-201-040-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $126,200 |
PROPERTY TAXES
Parcel Number
L21-56-201-040-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$126,200
CONTACTS
-
Danny Griffin -
David Hoppe -
Eric Suffoletto -
Ben Olmstead -
Atlantic Capital Partners
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Lapeer Lube Express | 260 S Main St
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